Retail Trade: Business Rates — Written Question

Question

Gregory Stafford

Conservative — Farnham and Bordon

To ask the Chancellor of the Exchequer, whether her Department has made an assessment of the potential impact of the higher business rates multiplier for larger premises on (a) the prices of essential goods, (b) shop closures, (c) regional employment leve

Answer

Dan Tomlinson

The Government is creating a fairer business rates system that protects the high street, supports investment, and is fit for the 21st century. As set out at Autumn Budget 2024, the Government will introduce permanently lower tax rates for retail, hospital...

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